Analysts Recommended this Stock: New Residential Investment Corp. (NRZ)

Investors and Traders continue to monitor technical levels of shares of DDR Corp. FBR Capital maintained the shares of NRZ in report on Thursday, February 25 with "Outperform" rating. Citigroup Inc. now owns 8,330,259 shares of the real estate investment trust's stock worth $115,291,000 after buying an additional 230,819 shares during the period.

A number of analysts recently commented on NRZ shares.

For the Current Quarter, the growth estimate for New Residential Investment 5.9%, while for the Next Quarter the stock growth estimate is -14.5%. Zacks Investment Research downgraded New Residential Investment Corp. from a "buy" rating to a "sell" rating in a research note on Wednesday, July 5th. Canada Pension Plan Board holds 0% in New Residential Investment Corp (NYSE:NRZ) or 110,100 shares. It dived, as 43 investors sold New Residential Investment Corp shares while 78 reduced holdings. For New Residential Investment Corp.

Among 3 analysts covering Experian (OTCMKTS:EXPGY), 2 have Buy rating, 0 Sell and 1 Hold. FBR Capital has "Buy" rating and $17.5000 target. (NRZ) is sinking -0.81% to $17.06. 140.89 million shares or 11.25% less from 158.75 million shares in 2017Q1 were reported. The stock closing price is now trading downward to its 50 day moving average with change of -15.51%, tumbled to its 20 day moving average with figure of -10.44% and behind its 200 day moving average with value -28.19%. New Residential Investment Corp. The company has market cap of $18.97 billion.

Many analysts have provided their estimated foresights on New Residential Investment Corp. (NYSE:NRZ) gapped up before the market opened on Friday after the company announced better than expected quarterly earnings. The firm had revenue of $331.38 million for the quarter, compared to the consensus estimate of $291.66 million. During the same period a year ago, the business posted $0.51 earnings per share. Its revenue stood at 12.70% a year on average in the period of last five years.

New Residential Investment Corp. most recently reported earnings per share (EPS) of $1.03 for the June 2017 versus $0.52 in the same quarter past year, representing 98% growth.

ILLEGAL ACTIVITY NOTICE: This report was posted by TrueBlueTribune and is the sole property of of TrueBlueTribune. If you are viewing this story on another website, it was copied illegally and reposted in violation of United States & worldwide trademark and copyright legislation. The legal version of this piece of content can be read at

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 27th. Stockholders of record on Monday, October 3rd will be given a $0.46 dividend. Piper Jaffray Cos. reaffirmed an "overweight" rating and issued a $16.00 price target on shares of New Residential Investment a report on Friday, September 9th. That's a potential 3.2 increase relative to where New Residential Investment Corp. During the last month, the stock has changed 0.70% and performed 1.78% over the last 6 months. Vanguard Group Inc. raised its stake in New Residential Investment 3.1% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 56,826 shares of the real estate investment trust's stock worth $951,000 after purchasing an additional 5,664 shares in the last quarter. Penserra Capital Management LLC now owns 7,631 shares of the real estate investment trust's stock valued at $118,000 after purchasing an additional 593 shares in the last quarter. Illinois-based Geneva Advsr Ltd Com has invested 0.04% in New Residential Investment Corp (NYSE:NRZ). Finally, BlackRock Institutional Trust Company N.A. raised its stake in New Residential Investment 2.2% in the first quarter.

New Residential Investment a real estate investment trust (REIT). The Firm focuses on investing in, and managing, investments related to residential real estate. The Company's segments include investments in excess mortgage servicing rights (Excess MSRs); investments in mortgage servicing rights (MSRs); investments in servicer advances; investments in real estate securities; investments in residential mortgage loans; investments in consumer loans, and corporate.

Like this



28 October 2017
The Harvey Weinstein effect
Lawyers for the co-founder of The Weinstein Co., filed the action late this week in Delaware. He seems impatient to get another piece out ASAP, ' the insider told Page Six .

28 October 2017
Budget: RM200 saving fund for all Malaysians born between 2018 and 2022
Mr Najib also budgeted RM6.5 billion for rural infrastructure development and waived tolls from key highways in several cities. The Prime Minister said the total investment would account for 25.5 per cent of gross domestic product in 2018.

28 October 2017
HBO drops Mark Halperin project after sexual harassment allegations
In the wake of these revelations about Halperin , a moment from his Showtime political series The Circus now stands out. The fallout continued into Thursday.

28 October 2017
Alexander Skarsgard shaved his head bald, and the internet is freaking out
It sounds like a victor already, as acting prodigy Cara Delevingne will be playing a quick-witted gunslinger in the gothic romp.

28 October 2017
'Alien' rock could be first confirmed object from outside our solar system
NASA says astronomers are pointing telescopes on the ground and in space at the object to get that data. A/2017 U1 crossed under the ecliptic plane just inside of the Mercury's orbit on September 2.

28 October 2017
Eagles 'll be tough - Argentina coach
It was learnt that it was one major reason why Rohr made a decision to revive his pursuit of veteran France-based keeper Vincent Enyeama.

28 October 2017
MGM Resorts International (MGM), Franklin Resources, Inc. (BEN)
The company reported $0.31 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.28 by $0.03. They expect this year's earnings to fall -7.38% year-over-year to $1.13, followed by 24.78% growth in the next year to $1.41.

28 October 2017
Quarterly EPS analysis of Vipshop Holdings Limited (NYSE:VIPS)
TheStreet lowered Vipshop Holdings Limited from a "buy" rating to a "hold" rating in a research report on Thursday, December 22nd. Moving averages are considered to be lagging indicators, and they may prove to be very useful for spotting peaks and troughs.

28 October 2017
Bridge is not a sport, European Union top court rules
The union argues that Value-Added Tax exemption would make competitions cheaper, and would help bring bridge to a wider audience. However, the European Court of Justice has now ruled against the EBU - overturning a recommendation from its Advocate General.

28 October 2017
Featured Stock to See: Caesars Entertainment Corporation (CZR)
The company reported ($0.21) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.26 by ($0.47). The stock of Caesars Entertainment Corp (NASDAQ: CZR ) earned "Underweight" rating by Barclays Capital on Monday, December 14.